Here are the top buy-to-let interest rates for this week

Hi there,

Welcome to your weekly lettings market update!

In this weeks update we take a look at some of the top buy to let interest rates out there, our top investment properties, an update on lets agreed for April as well as a couple of articles that could help save you tax and claim back insurance commission fees paid. Read on for more details and get in contact with me if you want to discuss anything about lettings or property investment.

Top Buy to let interest rates as of 26th April 2023

Below are this weeks best interest rates for buy-to-let mortgages. If you want to discuss these any further then get in contact and I will be happy to help.

Investment properties of the week

A 2 bedroom apartment close to Bracknell Town Centre for £260,000. Lease has recently been extended and has 124 years remaining. Ground rent and service charge less than £1100.00pa. Currently tenanted (tenants want to stay) and is currently achieving £1200pcm. Gross rental yield of around 5.3%. Click here for more details.

A 2 bedroom apartment located in Swindon for £160,000. Close to local shops, allocated parking and in great condition. 114 years left on the lease and ground rent and service charge coming in at £1150 PA. Could achieve rental price of £850pcm. Gross rental yield of around 6.4%. Click here for more details.

Update on Let agreed properties in April

Below is a table which shows how many rental properties have been let and what the average rental price of those lets have been. London and South East leading the way on both!

Pay less Tax as a Landlord

With a hit to Landlords on tax costs, here are a couple of easy things you could do to pay less. Click here for more details.

A coming soon claim back for ££££?

Will this be the next big claim back pay out? If you’re a buy to let Landlord or flat owner then there could soon be a way to claim back on wrongly charged building insurance commissions. Click here for more details.

Hit reply to this email if you want to comment on the above topics and look out for my Lettings market update next week.

If you need any help with anything Lettings, Investments or Developments then get in contact with me and I will be more than happy to help.

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Avocado Lettings Director